Rare two-family on the Templeton/Gardner line! This spacious property has been fully updated and offers two bright 2BR units with modern kitchens featuring granite countertops and new flooring. Both bathrooms have also been refreshed! Hardwood floors run throughout, complemented by replacement windows and three mini-splits per unit for efficient heating and cooling, plus secondary oil heat. Generous room sizes provide excellent flexibility. The large back lot offers ample off-street parking. The first-floor unit includes a side deck with slider doors, while the second-floor unit provides walk-up attic access for storage. A fantastic opportunity for owner-occupants or investors in an area where multi-family homes are rarely available! Close to Rt. 2!
This home has been viewed 12 times
Last Checked: December 11th, 2025 at 5:53am (Source: MLS PIN #73461133)
Gross Income: $51,600
Gross Expenses: $3,844
Net Income Calc: $47,756
CAP Rate: 9.65%
Annual Expenses for 254 Gardner Rd, Templeton MA 01468
Total Gross Expenses (Calculated)$3,844/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,844
Annual Income & Unit Breakdown for 254 Gardner Rd, Templeton MA 01468
Total Gross Income (Calculated)$51,600
Unit 1
Rental Income$2,300
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesElectric, Unit 1(heat, Unit 2(heat, Water)
Unit 2
Rental Income$2,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesElectric, Unit 1(heat, Unit 2(heat, Water)
General Information for 254 Gardner Rd, Templeton MA 01468
Listing ID73461133
Property TypeMulti Family
Price$495,000 ($207.9/SqFt)
StyleMulti Family
CityTempleton
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,381 SqFt
Approximate Lot Size (Acres)0.77 acres
Total Parking10
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCleared
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor SpaceDeck
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 254 Gardner Rd, Templeton MA 01468
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5Passed
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$51,600
Total Net Income By Broker$51,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 254 Gardner Rd, Templeton MA 01468
Real Estate Taxes$3,844
Tax Year2025
Assessed Value$317,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$51,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$51,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.65%
Location Information for 254 Gardner Rd, Templeton MA 01468
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Medical Facility, Private School
Contact Information for 254 Gardner Rd, Templeton MA 01468